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and egypt as we take it up with the a-team. the so-called fiscal cliff is really all about the obama ultimate may tum. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. lou: president's ultimatum and his insistence on higher taxes may take us over the cliff. chris and steven next. the next scott walker? michigan's republican governor ready to do political battle with organized labor in his state. what about a right to work law? straight ahead. the boys use capital one venture miles for thr annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. buwith the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is no
cliff notes. today president obama and house speaker john boehner spoke on the phone about the looming budget cuts, but as of now, no evidence there's any future negotiations scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1st for those earning more than $250,000 a year, but extending them for everybody else. just 32% say the cuts ought to be extended across the board. joining us now to talk fiscal cliff and ramifications for all of us around here in the d.c. area, virginia congress member gerry connolly, a democrat representing annandale, parts of prince herndon county, fairfax, welcome, sir. we know the arguments by now, very familiar. the president wants to cut off the tax cuts for everybody making over a quarter million. john boehner and the house republicans would rather see deductions and hoop holes closed. why are you? are you with the president wholeheartedly on this? >> well, i certainly agree with the president that we need to let the top tax bracket expire. he ran explicitly on that. there weren't a lot of expli
bag, he found a .22- caliber handgun. the gun was not loaded. >>> president obama took the fiscal cliff to virginia today. he visited a home in fall's church to talk with one family about how ending the bush-era tax cuts for the middle class would affect them. the high school teacher tiffany santana shares the house with her parents, her husband and her son. she recently contacted the white house about how paying $2,200 more in taxes would hurt them financially. >> if this family has a couple of thousand dollars left to spend, that translates into $200 billion of less consumer spending next year and that is bad for businesses large and small. >> president obama said that he supports keeping the bush-era tax cuts for the middle class but ending them on incomes over $250,000. lawmakers have until january 1st to strike a deal. >>> just a short time ago the national christmas tree was lit. president obama and the first family joined a star-studded cast to help usher in the holiday season. sue palka was there and joins us live tonight from the ellip
will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he is making a very important point, which is that the american people did vote. they voted for the one thing the president said very clearly, which is that tax rates would go up on the wealthiest. it's an
. >> eric: we are hurling toward the fiscal cliff. what does obama like to do? he spent the evening -- that is from 2011. he spent the evening at the kekennedy center hanging out with led zeppelin, robert plant, jimmy page. who else is there? dustin hoffman. stay in thous and get something done. >> dana: boon and crockett annual dinner, 125th anniversary. at the museum of natural history. you have to visit if you can. the project manager refurbished a ma ma'am exhibit and two-year project and it's spectacular. bob, you like the five and i said i would bring you to see it. amazing. you could learn a lot. greatest thing about the wildlife and sportsmanship. >> bob: let's hear more about greg's book. >> greg: a lovely woman i met on tour. this is rachel's mother. rachel was the chick-fil-a clerk who was harassed by that jerk. showed incredible
. it's good for the g.o.p. to call obama's bluff. one or two results will follow us over the cliff. we go back to recession. that will hurt but the economy will roar back. maybe, just maybe, zombies for obama will realize he has no clue when it comes to the economy. or we don't double dip to the recession. and the debt dissolves to pay the way for the 2016 conservatives. take your chance and take medicine now. over the long run, better for >> kimberly: call his bluff. be strong at the negotiating table to make sure you can do what is best in interest of the country. these are tough time and you have to stand your ground. if you look at the recent polling, obama dropped three points. in polling with the gallup poll. people aren't happy with him anyway. >> eric: there is a counterproposal, around $800 billion in revenue through tax reform. they go through spending cuts. none of the spending cuts in obama's plan. are we so far apart we will go up or is there a meeting ground? 'canes is smart of the republicans. last week, geithner to the treasury secretary and laughed at. across the board
to avoid the so-called fiscal cliff. president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian people. >> reporter: it appears there has been an alarming escalation in the syrian civil war, the country's government preparing nerve gas bombs and awaiting the orders from president assad to use them. u.s. officials relying on surveillance said there was no evidence that this had begun. >> we have sent an up mistakeable message that this would cross a red line and those responsible would be held to account. >> reporter: a senior u.s. official telling fox the gas bombs must be used within 60 days in order to be viable inform deployed. the gas could till th
you to spend $400 this holiday season. on one item. >> the showdown over the fiscal cliff. a new poll suggests president obama has the american people's support when it comes to taxing the wealthy. this poll shows nearly half of those surveyed once bush eras tax cuts to expire for those making more than $250,000 a year. the poll was taken last weekend. the questions did lean more to the men -- to the democratic party. eric cantor says republicans want to sit down with the president and talk specifics. president obama spoke with business executives, calling for a balanced approach combining taxes with cuts. the president rejected a gop counter offer, which targeted government cuts but did not add any new taxes. if the deal is not reached by january 1, everyone's taxes will go up and automatic spending cuts will go into affect. >> starbucks makes news for two reasons. why they want you to spend $450 this holiday season for one product. >> a would-be thief sets off a bomb next to an atm. what wins? pictures that will show you. >> feeling like >> ready ms from the district. police are loo
. >>> a family in falls church, virginia, is the face of the white house push to avoid the fiscal cliff. president obama paid them a visit to find out how tax increases would impact them. right now, there's still no agreement with republican lawmakers. nbc's danielle lee is on capitol hill with more on the president's house call today and with the latest on what both sides are prescribing. danielle? >> reporter: pat, president obama said he's trying to highlight the impact of those tax hikes on the middle class. on capitol hill, there's growing pressure to stop the campaigning and sit down face-to-face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tiffany had used twitter to tell the president her family can't afford a tax increase. and the white house released this
cliff. president obama and john boehner did speak on the issue today, but the results of that conversation not public. the white house has now asked federal agencies to plan for more than $100 billion in cuts. that's what happens if the issue is not resolved by december 31st. >> we've got to cut spending and i believe it's appropriate to put revenues on the table. >> let's allow higher rates to go up for the top 2%. that includes all of you, yes? >> president obama speaking to business leaders when he made that comment today at the white house. insists he will veto any bill that does not include tax increases on wealthier americans. >>> coming up an online shopping horror story, a maryland woman's story may convince you to read the fine print. >> last night we were around 60 degrees most places at this hour. tonight we're some 20 degrees colder than that. i'll let you know how low it gets overnight and if we'll see more warm air on the horizon, but get ready for a chilly overnight. the rest of the forecast is coming up on the news edge at 11:00. >> this is fox 5 news e
want more information head to our website, wbaltv.com. president obama is taking the fiscal cliff fight from the oval office into the living room as he heads to virginia. how he is highlighting his call to raise the taxes of the rich from a middle-class family. >> the kids behind me started collecting a few toys for the victims of the superstorm sandy victims >> it is that time of year again and we need you mittens. officials are collecting winter gear as part of the mitten campaign. you are asked to donate any winter gear that includes caps, gloves, scarves they will be donated for anyone who needs it this holiday season. you can mail your donations and to find out how to do that you can go to our website, wbaltv.com. two baltimore children are thinking of others this holiday season. they are trying to get as many toys as possible for victims of superstorm sandy. >> stuffed animals, games, and blocks. >> 5-year-old sadie and 6-year-old tyler take a good look at the toys they will be giving away. the kids and their families are parter ins to help make christmas special for victims of su
the fiscal cliff. there's a possibility if the white house and congressional leaders could resume negotiations. president obama call don banner to discuss ways to avert this. congress's joint economic committee will hold. today on how the fiscal cliff could affect the middle class economic growth, and the deficit. >> it's 35 degrees on this thursday morning. next, an unusual decision by judge. >> which of two people with a criminal past deserved to go to annapolis to represent prince george's county? greg good morning and welcome back. right now we are little busy on the maryland beltway. not seeing any delays for now but prepare for the morning rush-hour. this is footage from a tractor- trailer that overturned loaded with boxes of pineapples. leaving college park and to 270 the right lane will be blocked the entire morning rush hour. they're waiting for a truck to offload the boxes. john gonzalez will have more details later. but the right lane will be blocked through the morning rush hour. after 9:00 we will try to get that back on its wheels. how about the forecast? >> 36 degre
obama is taking his fight over the fiscal cliff today heading to hatfield, pennsylvania. he is going to tour the rhodon group manufacturing facility. >> that's a place the white house says is one of the many businesses that depends upon middle class shoppers this holiday season. rhodon manufactures connect brand. that time group sells toys like angry birds building sets and tinker toys. at the end of the year, as i am sure you know by now the average middle class family is facing a 2,000 dollar tax hike. on monday of this week the white house released a report saying that could be americans spending $200,000,000,000 less in 2013. the president will continue to push his message but is it time to reach a deal over the fiscal cliff? but the g.o.p. is not so keen on a deal, at least the one the white house presented yesterday. the first offer from president obama and treasury secretary timothy geithner included a $1.6 trillion tax increase along with an extension of the payroll answer it cut and unemployment insurance and a request for $50,000,000,000 worth
addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set. i got a chance to meet some of the folks who have been working around the clock to keep up with the christmas rush. that is a good thing. these guys are santa's extra elves. they manufacture almost 3000 piece
morning" reaction to the obama's administration plan to avert the fiscal cliff. we'll get the latest from the white house. plus proposed ban on anchor putting in golf. that is the morning news for this friday. we made it, happy happy friday. take care everybody, have a great day. ,,,, >> >> your realtime captioner: linda marie macdonald >>> we have our "eye on the storm" this morning as the bay area gets another drenching overnight. our exclusive hi-def doppler showing rain all over the area right now. and that means you can expect treacherous travel conditions and a brutal commute. good morning. it's friday, november 30. i'm frank mallicoat. >> i'm michelle griego. time now is 4:30. we have live team coverage from cbs 5 reporters all across the bay area. anne makovec has details from mill valley. elizabeth wenger checks our commute. but first we'll start with meteorologist lawrence karnow in the weather center, the expert. >> the rain is here with strong gusty winds. power out at the karnow household. i was takia
obama said the approaching fiscal cliff will add to the holiday stress for american families. the president did not meet with congressional leaders on the fiscal cliff, instead, he met with a local middle class family. danielle lee joins us from capitol hill. danielle? >> reporter: doreen, president obama said he's highlighting the impact of tax heights on the middle class. there's growing pressure to stop the campaigning and sit down face to face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a month's rent. >> reporter: back in washington, more gridlock. >> it's up to the republicans to decide ho
cliff talks. kayla is live with that. >> reporter: a little bit of movement potentially. president obama and house speaker john boehner spoke by phone yesterday as democrats and republicans continue to dig their heels in over this budget standoff. there's been no announcement of any new face the face talks as lawmakers try to reach a deal to avoid the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to raise tax rates on wealthy americans." apple has lost a bit of its shine. the tech giant stock suffering its worst day in four years on thursday. several factors may have been at play. investors worried apple may be giving up ground in the tablet market to rivals, while nokia beat the company to the punch. there are also unconfirmed reports a stock clearinghouse firm is reducing the margin requirements on apple stock. apple lost $35 billion in market value yesterday. to put that into perspective, there are 417 companies listed
! >>> president obama taking his fiscal cliff fight with republicans on the road now. you saw he was just finished speaking at a toy factory company. this is in suburban mrefl. he is shaking hands with folks, doing the rope line. he is pushing his plan to avoid the fiscal cliff. is he standing firm on raising taxes for the wealthiest americans. want to bring in our chief white house correspondent jessica yell toin give us a breakdown of exactly what he has put on the table here because we know that both sides, they start off strong. they start off with the best offer they got, the strongest offer they got, and clearly, the republicans not quite happy about it. what is he offering? >> it's sort of a starting position from the white house. what secretary geithner laid out when he was visiting capitol hill yesterday was the headline $1.6 trillion in new taxes as part of their overall vision to increase those taxes for people making $250,000 more, but that also includes some changes to how much people can deduct, closing loopholes. increasing taxes for dividends and capital gains and some other things
story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night d
at the white house with president obama to discuss, what else? the fiscal cliff. states would be severely impacted because much of their revenue comes from the federal government. cnn white house correspondent dan lothian is at the white house. so, dan, who is trying to convince who? >> well, i think it's a little bit of both here. you have the president trying to sort of put pressure on them, if you will, these governors, to then they in turn should put pressure ontheir lawmakers to get a deal done. at the time the governors are here to let the president know there's some real consequences if this scenario plays out. a third of states out there get their revenue from federal grants according to a pew report, and that report also points out that states like virginia, for example, would be heavily impacted. why virginia? because it has a lot of military defense contractors. they're saying that they could be impacted to the tune of about $10 billion in economic activity falling. in addition to that, 120,000 jobs lost. take a look at a state like south dakota, for example. a very small state
vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to
the fiscal cliff, almost every major negotiation and battle as come down to president obama and house speaker john boehner. do you think it helps or hurts that key lawmakers like yourself seem to be left out of this deal making? >> well, i'm in constant consultation with secretary geithner, with the white house, and meeting with congress, and the chairman of the house, meet with reed very off. there's a lot of conversations going on where i gave my views, and learn, and so there are more people involved. >> now this is really coming down to, as is no surprise, the issue of tax rates, will republicans agree to raising tax rates on the wealthy as president obama made clear. are you willing to go over the fiscal cliff if republicans do not agree that that? >> i think if there is no agreement whatsoever, the president has probably no choice but to say, okay, we're going to go over the cliff. that would no be my first preference. my first preference is that as we get closer to the cliff, that we find an agreement that makes some sense, so we don't have to go over it. if we don't go over,'re enteri
viewers like you. thank you. >> woodruff: with 25 days left until the year-end fiscal cliff, and just 19 days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boe
obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay carney wouldn't share details of the call. >> we believe it's in the interest of achieving an agreement not to do that. >> reporter: treasury secretary timothy geithner said yesterday the white house was absolutely willing to go over the cliff if republicans held firm in their opposition to raising rates on the wealthy. but it was the administration's other
, president barack obama spoke on the phone with house speaker john boehner on avoiding the fiscal cliff. but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has announced its support for the measure. it is not expected to be taken up until early next year. ext y >>> time now not morning line and everybody is talking about sunday's redskins-ravens game. redskins have lost the last two against baltimore. now, as far as the redskins injuries are concerned, london fletcher sat out of practice yesterday with an ankle injury and left tackle trent williams continues to nurse a deep thigh bruise. deangelo hall is in a boot but it is like lie all of them way play this weekend
that a democrat has won for re-election in the last 100 years. with the so-called fiscal cliff looming mr. obama sends chief negotiator treasury secretary tim gheiter for individual meetings with each member of the conditioningal leadership which includes speaker john boehner, perhaps the most important player here. the meetings mark the beginning of the real negotiations. that doesn't mean the posturing stage is behind us. one capitol hill veteran, former fdic, sheila bair, a long-time staffer by the way who butted heads with geithner in the past, made this interesting observation to david gregory about tim geithner saying he's not the right guy for the white house to be sending in for these talks. >> do you think tim geithner, secretary geithner is the right person to lead the negotiations for the administration sf. >> i don't know. i don't think this is tim's strong suit. i think tim was given the job of treasury secretary because he understood the banking system. he's not a budget guy. he's not a tax guy. he's never really worked in this sphere. >> geithner is leading these talks for two rea
td ameritrade. >> jennifer: as we crawl toward the fiscal cliff remember that president obama has the majority of the american electorate on his side. he has the majority of the u.s. senate on his side too. but the one place he does not have the majority is the house of representatives, of course, where republicans out number democrats. that's the only place republicans have any leverage. so what will the democrats there do to help the president out? minority leader nancy pelosi offered insight to have at meeting with second of treasury quite miles an hour. ry geithner. >> there are tough choices it isn't easy but it's necessary, i have confidence that my republican colleagues will see the light. and at least pass a new tax cut so we have that legal of confidence and we can go from there. >> jennifer: sound like she is saying the republicans might not be tough enough to do the right thing. sound like she's got the president's back. now, to take us inside the house democrat i can caucus we are turn to go a great, re
. no date has been set for his discharge. >>> president obama is warning republicans not to use the fiscal cliff to try to win concessions on raising the nation's borrowing limit. nbc's danielle lee is live on capitol hill this afternoon where a perfect storm over spending and borrowing and taxes is shaping up here at the end of the year. danielle? >> reporter: pat, that's a good way to describe it. both sides are digging in their heels, and with no move to avoid the fiscal cliff, or to raise the debt ceiling which is currently at $16.4 trillion, now there's new concern about what could happen to our credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limits. president obama called it a dangerous lesson when he talked to business leaders today. >> the only thing that debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may refuse to raise the debt ceiling and risk defaulting on the country's loan. >> that is a bad strategy for america. it's a bad strateg
county, news 4. >> president obama and house speaker john boehner talked by telephone today about the fiscal cliff. lawmakers have until december 31st to reach a deal to avoid dramatic tax heights and budget cuts. the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic central committee has nominated hall to replace alston. the judge ruled that governor omaley will pick the next one. >> a court battle between a home contractor and an unhappy customer. a judge in fairfax county has ordered a woman, the homeowner, to remove parts of her posts on yelp and on angie's list. jane perez is the homeowner. she complained about repairs. she also claimed that some of her jewelry disappeared while the contractor had the only other key to her home. the contractor is named christopher dietz. the judge says that the woman's po posts about her jewelry goes too far and she
americans sent us to do. >> you mentioned the fiscal cliff and i want to ask you about it. president obama even in his p - proposal yesterday had entitlement cuts including to medicare. you have in the past been resistant to cutting entit entitlements. does the result of the election -- i've heard many people on the democratic side say, look, we won. we don't need to make concess n concessions to republicans on entitlements. we can raise the top rates without making these concessions. do you think the president is even in this first proposal giving away too much on the entitlement side? >> i think it's important to note that there's a difference between working to cut medicare and protecting the benefits. and itch said repeatedly that i will not vote to cut the benefits people have earned and depend on because they put those benefits into place, one, this in the middle of a depression, social security, and the other one, medicare, because they were needed. republicans and democrats recognized they needed these programs because people got old and people got sick and they still do. so i wi
the hour, president obama is taking his case for a fiscal cliff solution to the voters. in his new weekly address today he's asking supporters to lobby their congressmen. >> it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. and if you agree with me, then i could sure use your help. let your congressman know what $2,000 means to you. give them a call. write them an e-mail. or tweet them using the #my2k. >>> joining me now is karen finney, a nbc political analyst and tony frato former white house press secretary under president george w. bush. hello to the two of you. i've got to ask you. is that a world aids day t-shirt you got going on? >> this is my favorite product red t-shirts. red's raised over $200 million for aids relief. and remember it's world aids day today. get out there and support everyone who's doing everything to end aids. >> i talked to michael elliott as well the ceo of one about the same thing. good on you. let's get to this, karen. the video follows what
to handle the fiscal cliff? 48% believe president obama and republicans will reach an agreement but 43% say they won't. meantime, president obama is giving a stern warning to republicans who may be trying to use the debt ceiling as leverage. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> we should say that the president and house speaker john boehner did speak by phone yesterday. that was the first time in a week. no one is saying what the conversation was about. shortly after that call treasury secretary tim geithner went on cnbc and said the white house is ready to go off the cliff. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff in. >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. it's only 2%. >> i want to bring in "usa today" b
the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his fellow republicans for being a compromiser. when did compromise get to be a dirty word. >> we've seen signs of compromise on the side of john boehner and seen republicans go after him for doing that. >> exactly. it's a price of being a leader. what do you have for us in the next half-hour? >> it's the season we're dressing up our homes with a lot of holiday decor. it looks fantastic but can also be a little dangerous. we'll run through some of the possible dangers you might be having in your home right now. >> thanks, jess. >> you got it. >>> police are looking for suspects if the drive-by murder of a 14-year-old. they believe the whole thing is gang related. the victim was shot and killed early yesterday on sheridan street in louisdale, maryland. prince ge
cliff talks. it may. but chief national correspondent jim angle tells us tonight that president obama won re-election and obamacare kicks in, the economy is about to feel the effects. >> starting january 1, the obama administration will raise taxes far more than just eliminating the bush tax cuts for the top brackets. the new healthcare law will raise taxes of its own. additional $318 billion over ten years. including a new 3.8% tax on investment income and reduced deductions for those of all incomes. >> this is not an incon quincable thing. you are -- incon consequencial thing. >> those affected most will the small businesses many of which pay taxes at the individual rate and get a double whammy with the simultaneous end of the bush tax cut and tax increases under obamacare. almost 60% increase in tax on investment. >> entrepreneurs with small businesses, certain number of workers now they will be facing a four or five, 10% point increase in the tax liabilities. that means they will have income to invest in their firm. >> for some small businesses it could be a hardship. for other sm
a letter urging speaker boehner to take the last hexit before the cliff. neither president obama nor democrats in congress have ever been ambiguous about our proposal to provide economic security for 98% of american families and 97% of small businesses while asking the wealthiest 2% to contribute just a little more to stop this runaway debt. and now that even a dyed in the wool conservative like senator coburn of oklahoma has endorsed the democratic approach, here's what he said, "i know we have to raise revenue. i would rather see the rates go up," he said. he's been heavily involved in everything that's happened in the last several years in washington dealing with debt. when he joins in, that's really significant. it is apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle-class families wait for relief and how long will he force the financial markets to wait for u un-- wait for certainty? the longer he delays, the greater i think ris the risk to. so i urge him, don't listen to me, listen to your own caucus. listen to pru
tell me. >>> up next, not only does president obama have math on his side, he's got the polls too. he's taking his fiscal cliff case on the road. you're watching "hardball," the place for politics. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than fo
and the white house. house republican leaders have made a counter offer to president obama in the fiscal cliff negotiations proposing to cut to true knowledge with a combination of spending cuts come entitlement reform, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal cliff passes in january. >> board or series looking into the so-called fiscal cliff, we turn our attention to deductions and tax loopholes. some of them are potentially on the chopping block. joining us from the wall street journal is don mckinnon. thanks so much for joining us today. what are the loopholes and deductions? we hear those words a lot, but what are they? guest: loopholes or tax breaks of all different sorts, and whether you like a particular loophole or not depends on where you sit, i guess. there are lots of loopholes that are deductions. deductions are those that most people are
that the democrat party wants taxes for everybody. going over the cliff is a win. obama gets to raise taxes, which by the way include tax increases on middle class. >> no. >> sound byte: you have to make a pretense of paying for the welfare state. he does want more revenue but not to balance budgets. he wants more revenue to spinned it. >> he's lowering taxes on 98% of the people and raising it on the top 2% including people like rush limbaugh, which is why he's whiney. >> stephanie: too, it's even the very wealthy. it's only--the first $250,000 of your income. >> right. >> stephanie: it's amazing that all of this heat and noise over all this when it's not--as the president often said it's asking the rich to pay a little bit more, and it literally is a little bit more. like we're going back to eisenhower tax rates? >> not even close. not even kennedy tax rates. >> stephanie: yes, you still get the tax cut. that's what he was saying, the first $250,000 of your income which even wealthy people. >> which is absolutely fair. >> stephanie: peter johnson whose name is peter johnson. >> sound byte: same
on with this fiscal cliff. it's time to pay. it's not the republican party's fault. obama has been in office four years. he has doubled to the trillions of dollars in debt. host: are you a tea party supporter? caller: i'm not affiliated with the tea party, but i am tired of hearing them blame it, because i see the hard-working generation that are in their 60s that paid in and they are saying enough is enough, we are tired of you taking it out of our wallets. we are tired of crazy liberal laws being shoved down our throats. our rights are being taken away from us day after day and we are like zombies in this country. host: sumter, south carolina, william, a democrat. we're listening to your thoughts this morning on open phones. caller: i am a new listener and a veteran. i am trying to figure out what's going on. when people see that the fiscal cliff and all this other stuff i am trying to understand, how it came about, it was from all the money being spent on war. and i wanted to mention about the veterans. we are the backbone of this country in a sense. that's what they need to focus on more. hos
. >>> president obama was in falls church of fairfax county visiting a family today to talk about the looming fiscal cliff. the president met with high schoolteacher tiffany santana and her husband and parents. tiffany wrote to the white house in a social media campaign to talk about looming -- how the looming tax increases would impact middle class families if the lawmakers don't reach a deal by the end of the month. >> so it would be more like a $4,000 tax increase for us. which would be relatively devastating for our family. so i wanted to share that with the white house. i wasn't sure i was going to get a response. but i did want to at least make my voice heard. >> news4's julie carey sat down with the santanas. she'll have more on why they said hosting the president was overwhelming. that's coming up at news4 at 6:00. >>> an effort to end serious violence, civil war moved forward today. secretary of state hillary clinton met with russia's foreign minister and syria's u.n. peace envoy to try to negotiate a peace strategy. they reportedly met for about 40 minutes in dublin to talk about ho
want to make these guys sit down and do the people's business. president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not earth shaking. one is your perspective on it, whether you're in the majority or minority. but the way you do it becomes an important part of this. that's why the implications here are fairly clear which -- fairly clear. if we end up seeing this happen by call it the nuclear option or defined as the constitutional option that it's perfectly constitutional to change the rules by a majority. but that means on issues from the budget to immigration to many of the other priorities we have, a farm bill that's not yet gone through, we c
president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in over 80 years and are paying the lowest effective tax rate they paid in over a half a century. we also have a looming budget deficit. so you don't have to really be a rocket scientist to understand that the rich do have to pay more. taxes do have to be raised on the rich and i think that's why over 60% of the public in these polls are not only supportive of a tax increase on the rich, but also will blame the republicans if we go over the fiscal cliff. and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverag
is going to dwarf tea party 1 if obama pushes us off the cliff. >> so basically, jon, what grover norquist is saying there to members of the tea party set who have been elected, who were elected, is, you know, we're going to take everybody who is against us into a primary on your right. >> right. >> on the republican side. >> right. >> so the threat has been issued already, even before we begin negotiating what the package will be. >> oh, yeah. >> this is like political terrorism. >> well, it's certainly a clear bargaining position. i remember three years ago talking to a longtime member of the house who was running for the senate. and we were talking about something else. and at the end of the conversation, i said, is it really as bad as everybody says? is it worse than when you came in? which was in the late '80s. and he said the central difference is in the caucus, the republican caucus, the fear is not a democratic challenge, it's a primary challenge. and it's the first time i had ever heard the term "to be primaried." he said, "you don't want to be primaried." you can ask senator luga
to your calls about the fiscal cliff and whether -- we told president obama is still the best way to go. remember there's some risk here. the risk is if we do go over the cliff, allow taxes -- that means taxes on every american will go up. every taxpayer will go up first of the year. not just on the top 2%. and somebody's going to get the blame for that. we're counting on the republicans -- americans knowing that republicans are to blame. is that the case? do you agree. 1-866-55-press. is that what the president ought to do. 1-866-55-press. one thing you ought to -- before we get back to your calls urge you to consider, particularly if you are one of those families struggling to make ends meet at the end of every month and who's not, take a look at incomeathome.com. no obligation. just check it out. they're america's leading work from home business and they're offering you an opportunity you can do. in matter your age education or experience, you can literally earn money on your own laptop from your own kitchen ta
, president obama visited a virginia couple who is worried about what happened. if the -- happened if the nation goes over the fiscal cliff. >> we must never lose site of that if recovering from sandy is not a local issue but a national matter. >> and lawmakers from areas affected by sandy ask the federal government for more help. gary. >> and thank you, will. it's been cold today even with the sunshine. and, of course, sue just alluded to the fact that it's real chilly out there tonight to light the tree. it's got to be chilly when you light the tree, right? a first look at the forecast and how cold it's going to be this evening, and we'll start talking about a little cold rain coming across and coming up with the forecast. the news will continue, to to. stay with us.  . >>> president obama visited foster's, virginia, earlier today, pitching his plan to end the standoff over the fiscal cliff. meantime on capitol hill, lawmakers began talking about what will and won't happen if a deal can't be reached in 25 days. tom fitzgerald is following it all. tom, the presid
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